Tuesday, May 02, 2006

when the oil is extracted

The U.S. Govt’s Secret Colorado Oil DiscoveryDear Reader,Five months ago, the U.S. Energy Department announced the results of a land survey…It was conducted to determine the official amount of oil a thousand feet deep in the Rocky Mountains…They reported this stunning news:We have more oil inside our borders, than all the other proven reserves on earth.Here are the official estimates:* 8-times as much oil as Saudi Arabia * 18-times as much oil as Iraq * 21-times as much oil as Kuwait * 22-times as much oil as Iran * 500-times as much oil as YemenAnd it’s all right here in the Western United States....You may be aware of a similar situation going on, right now in the oil business, in an area called the Alberta Oil Sands. This region in Northern Canada holds billions of barrels of oil – which also happen to be locked inside large amounts of sand and rock. Why am I telling you this?Because in their recent analysis of the Green River Formation, the Energy Department wrote that the opportunity to make money in U.S. oil shale is “Comparable to Alberta, Canada Oil Sands.”

Written with breathless, deathless prose, a Drudge on speed with something to sell, the secret oil hoard has been revealed.

Slippery. Rocks.

The sickest thing about this "investment opportunity" is that doubtless those Energy Departments quotes are accurately rendered. Why, I just read something similar in the latest U.S. News and Whorled report.

Hedging energy investments is the way to go in the short term, but stay alert for the boners. They won't all be this obvious, and friends and family will be at risk.